Foreclosure
Reasons to Avoid Foreclosure
- You may end up with Deficiency Judgment
NOTE: Deficiency Judgments are not applicable in some states. In a short sale, deficiency judgments may be waived during negotiations. - Many employers run credit checks
- Foreclosure can put a current position with an employer in jeopardy
- Security clearances for government positions may be affected (Military, law enforcement, etc.)
- A CDPE agent can explore every option to avoid foreclosure
- Looking back, you will want to know you did everything you could to avoid foreclosure
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